Dow Up 16.3% For 2006

That's fine, that is.

As of today's market close, the Dow Jones Industrial Average was at 12,463.15.  A bit of a down day to sew up the year, but still better than a 16% climb from 10,717.50, where the index sat on December 30, 2005.

No slouches, the S&P 500 jumped nearly 14% and the Nasdaq climbed close to 10% during the year.

Looking back, the Dow is now a whopping 45% higher than when Congress passed that delicious, growthy Bush tax cut in 2003.  Maybe there's something to this supply side nonsense.